Taxpayers with high incomes cannot deduct when purchasing a home

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The tax reform agreed by PNV and PSE-EE will start next Monday with the appearances of the provincial representatives of the Ministry of Finance, who will explain the general lines of the new arrangement.

The tax benefit for taxpayers for acquiring habitual residence will be limited in the future, the law said agreement reached between PNV and the PSE-EE. This tax reform will now be transferred to the general meetings. In Bizkaia, both parties have a sufficient majority to make progress; In Álava and Gipuzkoa, however, they will need the support of a third party.

The idea is that the high income cannot be deducted when purchasing shelter. Anyone who does this now will continue with the tax credit, with which every taxpayer can deduct the maximum amount 36,000 euros based on the contributions made. The aim is to exclude citizens with higher incomes from this aid. Naturally, the changes will not affect those who already benefit from the current model and only apply to new acquisitions.

The issue of housing remains one of the main concerns of the institutions and this was made clear yesterday, Friday, by Lehendakari Imanol Pradales.

The tax reform agreed by PNV and PSE-EE will start next year Monday his journey, with the appearances of the provincial deputies of the Treasury, Itxaso Berrojalbiz, Itziar Agirre and Itziar González de Zuazo, who will explain the general lines of the new regulation.

Source: EITB

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